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Applied Digital (OTCMKTS:APLD) Trading 15.2% Higher - Should You Buy?

Applied Digital logo with Financial Services background

Applied Digital Co. (OTCMKTS:APLD - Get Free Report) shares were up 15.2% on Monday . The company traded as high as $9.28 and last traded at $9.11. Approximately 42,972,653 shares changed hands during trading, an increase of 78% from the average daily volume of 24,114,928 shares. The stock had previously closed at $7.91.

Applied Digital Trading Up 7.0 %

The firm has a market cap of $2.37 billion, a P/E ratio of -23.89 and a beta of 4.77. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 1.10. The firm's 50-day simple moving average is $8.45 and its 200 day simple moving average is $7.43.

Applied Digital Company Profile

(Get Free Report)

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.

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